INOGEN INC (INGN) Technical Analysis
NASDAQ:INGN • US45780L1044
Current stock price
INGN Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to INGN. In the last year, INGN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- In the last month INGN has a been trading in the 5.86 - 7.00 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, INGN outperforms 43% of them, which is more or less in line with the market.
- INGN is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, INGN did better than 66% of them.
- INGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INGN is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
INGN Weekly and Daily overview Charts
INGN Setup Rating and Analysis
Although the technical rating is only medium, INGN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.83. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
INGN Support and Resistance Analysis
5.99
When analyzing the support we notice one important area.
- A support zone ranging from 6.05 to 6.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.83 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
INGN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for INGN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INGN is neutral. |
| ChartMill Relative Strength | 43.54 | NEUTRAL | INGN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.46 | NEUTRAL | The RSI value for INGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INGN has a positive trend. |
| Stochastics (14,3) | 59.53 | NEUTRAL | The Stochastics value for INGN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for INGN suggests some volalility. |
| Average Directional Index/ADX (14) | 11.9 | NEGATIVE | The low ADX value for INGN suggests a weak or negative trend. |
INGN Chart- and CandleStick Pattern Analysis
INGN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.86 | 6.12 | 0.74 (10.86%) | 9.21% |
| An entry @6.86. This is a Buy Stop order right above the resistance zone. | An exit @6.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.74 points, which is 10.86%. | When investing 9.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
INGN Technicals: Chart, Performance Metrics, Trend & Indicators
6.82
+0.23 (+3.49%)
INOGEN INC / INGN TA FAQ
What is the technical rating for INGN stock?
ChartMill assigns a technical rating of 6 / 10 to INGN.
What is the trend direction for INGN stock?
The current trend direction for INOGEN INC (INGN) is Bearish.
Can you provide the RSI signal for INOGEN INC?
INOGEN INC (INGN) has an RSI value of 60.4572. This indicates that the stock is currently neutral.
What is the MACD signal for INOGEN INC (INGN) stock?
The MACD indicator for INOGEN INC (INGN) has a value of 0.0191901, indicating a bearish trend.
What is the short term momentum for INOGEN INC (INGN) stock?
The short term momentum for INOGEN INC (INGN) is neutral.